BrightHy Solutions has signed a €1.7m ($1.98m) contract to supply and install an electrolyser system and a hydrogen refuelling station to an unnamed customer in southern Europe.

The Fusion Fuel subsidiary has already begun engineering work for the project, and production of key equipment is underway.

The engineering, procurement, and construction contractor for the initiative, BrightHy, expects to commission and deliver the production and refuelling project next year.

Production volumes have not been disclosed, but the €1.7m contract value suggests a relatively small electrolyser module. No financing arrangements, long-term supply contracts or offtake agreements have been announced.

Luis Galdo, BrightHy’s Chief Commercial Officer, said the agreement is a “significant step forward” for the company and the “rapid build-out of hydrogen infrastructure across southern Europe.”

The contract comes as BrightHy continues to reposition itself after Fusion Fuel’s restructuring and insolvency issues over the past year.

The subsidiary has been pivoted toward engineering and advisory services. It signed a non-binding €30m term sheet for mid-scale hydrogen projects and an agency agreement with China’s Sungrow to market electrolysers in Iberia.

These moves could also reflect BrightHy’s shift away from Fusion Fuel’s earlier large-scale project ambitions toward a more incremental, service-based business model.

Source: H2VIEW